The SEC also found that Tai Mo Shan had acted as a statuary underwriter for the Terra sister token Luna, which was an unregistered security.
Tai Mo Shan agreed to the fine, and to a prohibition on future violations of securities laws.
...and is definitely not an enormous grift that's pouring lighter fluid on our already smoldering planet.
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The SEC also found that Tai Mo Shan had acted as a statuary underwriter for the Terra sister token Luna, which was an unregistered security.
Tai Mo Shan agreed to the fine, and to a prohibition on future violations of securities laws.